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Biotech / Medical : Imclone systems (IMCL)

IMCL 0.159

0.0%

Oct 5 5:00 PM EST

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To: CPAMarty who wrote (555)	3/30/1999 11:55:00 PM
From: 5,17,37,5,101,...	Read Replies (1) of 2515

I was just reading Cruttenden Roth report on IMCL dated Q1/98 Target price: $16 for the end of 1999 based on DCF (so I assume it may be a couple bucks higher now because approval is a year closer and Merck deal probably better than expected.) Approval of C225 expected mid2001 Around mid99 we should expect results from C225 renal cell PII and a IND filing for antiangiogenesis drug which is expected to be early in its class (ie frontrunner) This info available from local library. JAckson

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